ravindra Active 8 years agoTopics: 0Replies: 2☆ProfileForumsTopics StartedReplies CreatedEngagementsForum Replies CreatedViewing 2 posts - 1 through 2 (of 2 total) AuthorPosts February 19, 2015 at 1:38 pm #229190 ravindraMemberTopics: 0Replies: 2☆answer is (750)+455=295 (increase )???? February 19, 2015 at 11:03 am #229172 ravindraMemberTopics: 0Replies: 2☆WHAT THE CORRECT ANSWER PLEASE WITH LITTLE EXPLAIN Jasbinda has prepared draft financial statements for the year ended 30 November 20X7. The followwg items still require adjustment(1) The accounts do not include a cost for electricity for November 20X7 which is expected to be $750(2) The accounts include a payment of $780 for rent made on 1 July 20X7 the payment Is for the 12 months to 30 June 20X8What is the net impact on profit when the appropriate adjustments are made for these items?answer 1-Reduction of $2952-Increase of $2953-Reduction of $1,2054-Increase of $425AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)